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Excerpts from Shelton Corporation's Most Recent Balance Sheet Appear Below

Question 181

Multiple Choice

Excerpts from Shelton Corporation's most recent balance sheet appear below: Excerpts from Shelton Corporation's most recent balance sheet appear below:   Sales on account in Year 2 amounted to $1,320 and the cost of goods sold was $890. -The working capital at the end of Year 2 is: A)  $370 thousand B)  $1,010 thousand C)  $910 thousand D)  $680 thousand Sales on account in Year 2 amounted to $1,320 and the cost of goods sold was $890.
-The working capital at the end of Year 2 is:


A) $370 thousand
B) $1,010 thousand
C) $910 thousand
D) $680 thousand

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